May Interest Payment In - Zivoe Hits $548k in Revenue!

Following the receipt of Zivoe’s 7th on-time interest payment, the protocol has officially hit $548k in cumulative revenue, putting us on track to reach nearly $1M in annualized revenue. As we prepare to launch our new vault token zVLT, we are ramping up efforts to grow protocol TVL and remain confident in our ability to continue generating one of the top returns in the RWA space as we grow TVL.

On The Ground in DC

Co-founder and Head of Operations Thor Abbasi was on Capitol Hill last week as part of a broader industry initiative in advance of the GENIUS Act passing cloture. At Zivoe, we remain committed to supporting legislation that enables companies like ours to continue innovating and growing in the United States.

Update on the Health of the Consumer Credit Market

Many of you may have seen headlines about Klarna’s earnings miss, which was driven by a sharp increase in loan defaults.

What’s been missed in the broader conversation is that Klarna significantly underperformed the overall consumer credit market. According to TransUnion, delinquencies actually declined across the board last month and last quarter for consumer credit products. That’s the same period during which Klarna saw losses increase.

So why the disconnect between Klarna and the broader industry? It comes down to a few factors:

• Klarna grew rapidly to 100 million customers, likely at the expense of risk controls.

• Customers tend to view BNPL later loans with a different psychology than they do other credit products.

Both Zivoe’s Founder and Chief Risk Officer have a proven track record of growing high-yield unsecured consumer portfolios to hundreds of millions of dollars while maintaining profitable loss rates. This level of experience is a key differentiator for Zivoe in the tokenized real-world asset space.

Upcoming Partnerships and BTC Las Vegas

We have several exciting partnership announcements focused on growing TVL that we look forward to sharing with you soon. In the meantime, the Zivoe team will be on the ground at BTC Las Vegas starting this weekend.

As we prepare to launch zVLT and scale protocol activity, Zivoe is actively looking to bring on new strategic investors. If you’re interested in backing one of the highest-yielding RWA protocols in crypto, we’d love to connect.

Reach us at [email protected] or message @thorabbasi on Telegram.